MBM RESOURCES BHD

KLSE (MYR): MBMR (5983)

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Last Price

3.42

Today's Change

+0.02 (0.59%)

Day's Change

3.39 - 3.42

Trading Volume

246,400


2 people like this.

1,879 comment(s). Last comment by Amazonboy 3 days ago

Posted by All_in_2021 > 2022-03-21 18:53 | Report Abuse

gogogo..time to show ur true capabilities

Posted by valuewood11 > 2022-03-30 18:35 | Report Abuse

Why drop

SincereStock

1,408 posts

Posted by SincereStock > 2022-03-30 18:45 | Report Abuse

@valuewood11, drop no need reason punya, every fundamental good company also can drop, that's why need lock profit from time to time, reenter only if dropped to certain point

pang72

46,738 posts

Posted by pang72 > 2022-04-02 12:39 | Report Abuse

Good company always drop for good investor to buy.
SIMPLE MAH!!

SincereStock

1,408 posts

Posted by SincereStock > 2022-04-02 15:37 | Report Abuse

@pang72 exactly, will top up more once it dropped to me TP

Posted by keithtrade > 2022-04-02 15:54 | Report Abuse

Fundamentaly very cheap at current price

cn21

459 posts

Posted by cn21 > 2022-04-04 16:16 | Report Abuse

current sales tax (SST) exemption for new vehicles is extended until June 30, 2022. Thereafter, TIV will be reduced...

faridfet

279 posts

Posted by faridfet > 2022-04-04 23:12 | Report Abuse

you are right cn21, prospects continued strong demand for vehicles supported by favorable interest rates & continuation of sales tax exemption until 30 June 2022 plus with the weakening of the JPY currency will benefit MBMR which company have some imported content exposure to the Yen, but its model are highly localised in general. However, MBMR still could benefit from the strengthening of the ringgit, through their equity stakes as the automaker would enjoy lower landed costs in ringgit terms.

The demand for Perodua cars also remains healthy with most of its models having longer than a two-month waiting period. Perodua said this is a good sign of their sales.

Not to mentioned, Perodua is aiming to revamp its dealership network by double the numbers of its 3S (sales, services, and spare parts) outlets within this 4 years. This should further strengthen Perodua’s after-sales service and branding.

So just relax and stay the sweet journey of MBMR for this 2022, atleast enjoy the next quarter report because SST exemption has been extended until 30 June 2022.

faridfet

279 posts

Posted by faridfet > 2022-04-05 11:47 | Report Abuse

News on 5th April 2022:
Perodua registered sales of 61,624 vehicles in the first quarter of the year, a 6.4% jump from 57,909 vehicles in the same period in 2021.

Sales in March alone jumped 9.5% year-on-year to 26.759 vehicles compared with February 2022.

According to Perodua president and CEO Datuk Zainal Abidin Ahmad, the auto company was able to work with its suppliers and dealers to less the impact of Covid-19 and component supply issues.

Our focus is now to expedite the vehicles delivery to our customers before the sales tax exemption deadline ends on 30 June 2022.

Perodua also echoes MAA’s (Malaysia Automotive Association) request to further extend the sales tax exemption as factors such as the global semiconductor supply disruption and Covid-19 cases are still impacting the industry.

He added that the government's sales tax exemption helped to keep demand high and sustain the industry.

Moving forward, Zainal said the second quarter of 2022 will be the highlight of the automotive industry as brands will deliver as many vehicles as possible within the three-month period.

We do not foresee other factors such as the conflict between Russia and Ukraine to have a major impact on Perodua’s production moving forward.

https://www.thestar.com.my/business/business-news/2022/04/05/perodua-sales-rise-64-to-61624-units-in-1q0392022

faridfet

279 posts

Posted by faridfet > 2022-04-05 11:49 | Report Abuse

MBMR will skyrocket until 30 June 2022. Still have a lot of time. Cheers mate.

faridfet

279 posts

Posted by faridfet > 2022-04-05 20:19 | Report Abuse

-EPF acquired 200,000 MBMR shares on 31-Mar-2022.
-EPF acquired 147,600 MBMR shares on 31-Mar-2022.
-EPF acquired 146,000 MBMR shares on 30-Mar-2022.
-EPF acquired 143,600 MBMR shares on 29-Mar-2022.

huat ah 888!

faridfet

279 posts

Posted by faridfet > 2022-04-12 12:29 | Report Abuse

Good news for MBMR 11 April 2022:
Malaysia's wholesale, retail trade sales up 8.5% to RM117.2bil in Feb 2022

Malaysia’s wholesale and retail trade sales increased by 8.5 per cent year-on-year (y-o-y) to RM117.2 billion in February 2022, according to the Department of Statistics Malaysia (DOSM).

Vehicles sector had expanded by 12.5 per cent or RM1.4 billion to RM12.5 billion in February 2022, attributed to sales of vehicles parts and accessories which increased 27 per cent to RM3.5 billion.

The expansion was also supported by the growth in maintenance and repair of vehicles (+27.3 per cent), sales of vehicles (+3.3 per cent), as well as sales, maintenance and repair of motorcycles (+5.1 per cent).

https://www.thestar.com.my/business/business-news/2022/04/11/malaysia039s-wholesale-retail-trade-sale-up-85-to-rm1172bil-in-feb-2022

faridfet

279 posts

Posted by faridfet > 2022-04-13 11:50 | Report Abuse

News on 13 April 2022:
Perodua’s sales increased to 26,759 units in March 2022, 54% higher than the 17,421 units registered in the previous month February 2022.

In the first quarter of 2022, Perodua sold 61,624 units, 6% higher than the 57,909 units registered in the same period of 2021. As a result, Perodua had achieved 25% of its sales target for the year of 247,800 units.

Its top-selling models in the first quarter of the year were the recently face-lifted Myvi, followed by the Axia and Bezza. The group was pleased with the improved sales registered by Perodua in March 2022.

faridfet

279 posts

Posted by faridfet > 2022-04-23 08:40 | Report Abuse

News on 22 April 2022:

Vehicles sales up 12.7% to 73,222 units in March 2022

Source: https://www.thestar.com.my/business/business-news/2022/04/22/vehicle-sales-up-127-to-73222-units-in-march#openShareModal

General sentiment on MBMR’s sector is nice….

Posted by keithtrade > 2022-04-23 10:55 | Report Abuse

Yes and final dividend should be announced next week.

Posted by All_in_2021 > 2022-04-24 13:11 | Report Abuse

What's the prospect after SST exemption ends? that will be the questions. No doubt business will be good until June.

faridfet

279 posts

Posted by faridfet > 2022-04-24 14:28 | Report Abuse

Mr All_in_2021. Malaysian Automotive Association (MAA) said the government is now considering to extend the sales and service tax (SST) exemption after 30 June 2022. MAA has made an appeal letter to request for the extension from the Ministry of Finance, which will be sent after the AGM :)

SincereStock

1,408 posts

Posted by SincereStock > 2022-05-25 09:14 | Report Abuse

sold all of my remaining MBMR, QR expectation isn't good by comparing to QR of the same industry

Prosper05

14 posts

Posted by Prosper05 > 2022-05-25 21:05 | Report Abuse

QR is good!! EPS@22.85

SincereStock

1,408 posts

Posted by SincereStock > 2022-05-26 12:31 | Report Abuse

quite impressed and unexpected to be honest. but some of the EPS come from land disposal gain

Prosper05

14 posts

Posted by Prosper05 > 2022-06-02 10:37 | Report Abuse

Any dividend announced?

Posted by keithtrade > 2022-06-05 01:42 | Report Abuse

Another 6 sen, with such a low PE, high dividend, no debt, full order book, this share is a bargain at current price.

jackjason

73 posts

Posted by jackjason > 2022-06-05 16:51 | Report Abuse

every quarter the most profit contribution is from associate company. can see the profit but cant touch it unless dividend issue .

sasword

1,036 posts

Posted by sasword > 2022-08-01 11:07 |

Post removed.Why?

Posted by keithtrade > 2022-08-25 21:28 | Report Abuse

Lovely, another special dividend.
Still undervalued at current share price.

GLNT

505 posts

Posted by GLNT > 2022-12-02 15:08 | Report Abuse

Who's ridiculously pressing down the share price selling lot by lot?

bowman

2,473 posts

Posted by bowman > 2 months ago | Report Abuse

First level of support, 3.22. If this is breached, 3.05. Watch for the 3.20 level - this is the golden fibo level which if broken, will signify a sell-out by the corporates. Sellers are dominating over the last four weeks.

jojo85

277 posts

Posted by jojo85 > 1 month ago | Report Abuse

Please Limit up tomorrow

alibiii

117 posts

Posted by alibiii > 1 month ago | Report Abuse

21c dividend!

pang72

46,738 posts

Posted by pang72 > 1 month ago | Report Abuse

Dividend yield 10%

No need to talk much

dragon328

977 posts

Posted by dragon328 > 1 month ago | Report Abuse

Superb quarterly results!!

MBMR is indeed a cash cow

pang72

46,738 posts

Posted by pang72 > 1 month ago | Report Abuse

Rhb rerated rm5 tp

Posted by investortrader88 > 1 month ago | Report Abuse

investortrader88

Just noticed my queue buy matched RM 3.15.good luck guys

2021-09-21 14:32


:):);)

cheeseburger

2,600 posts

Posted by cheeseburger > 1 month ago | Report Abuse

TP RM5.22

pang72

46,738 posts

Posted by pang72 > 1 month ago | Report Abuse

Aminvest gives higher tp5. 22

Anyone wanna beat 5.22,plsssss

Amazonboy

677 posts

Posted by Amazonboy > 1 month ago | Report Abuse

2023 will be another good year....divvy yield double digits

planta2

10 posts

Posted by planta2 > 1 month ago | Report Abuse

This is even better than bank stocks. Tenaga is next to be watched

sasword

1,036 posts

Posted by sasword > 1 month ago |

Post removed.Why?

Posted by wallstreetrookieNEW > 1 month ago | Report Abuse

Car sales up

Posted by wallstreetrookieNEW > 1 month ago | Report Abuse

MBMR > BAUTO and DRBHICOM

pang72

46,738 posts

Posted by pang72 > 1 month ago | Report Abuse

Today drop 3c
Tmr up 5c
OK Boh?

Posted by skyinvestor > 1 month ago | Report Abuse

total 7 analysts call to Buy this stock but this video calling to sell, worth watching imo https://youtu.be/OfrhtW04TrI

planta2

10 posts

Posted by planta2 > 1 month ago | Report Abuse

Sell call? Everyone knows after ex date the stock will normalised. But to fall to below rm3.30, I’m skeptical. After all, perodua having strong order log and I’m waiting their EV coming into market

Posted by skyinvestor > 1 month ago | Report Abuse

found the analysis to be interesting, anyway time shall tell which one will play out

Invest_888

708 posts

Posted by Invest_888 > 3 weeks ago | Report Abuse

MBMR promising dividends sharing with investors and affordable cars' price and saving fuel capability make it as best car stock.

Amazonboy

677 posts

Posted by Amazonboy > 3 days ago | Report Abuse

Shooting up...some good news around d corner...Lol

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